Certainly, European markets have reached for their handkerchiefs this past few days, though opinions seem divided about whether the Fed rate cut in the U.S. was a smart move or a sign of panic.
Conrad cites the recent news of Bain Capital and Goldman Sachs buying power plants as a sign that the smart money believes the electric generation business is still undervalued.
There has been extensive speculation that Intel could sign Apple as a customer for microprocessors used in smart phones and tablets, as it seeks to reduce its reliance on using Samsung as a contrat manufacturer.